GoogTube?

Developing story today from the Wall Street Journal, via Reuters:

Internet search leader Google Inc. is in talks to buy popular Web video site YouTube Inc. for close to $1.6 billion, the Wall Street Journal reported on Friday, citing a person familiar with the matter.

That price would be roughly triple what News Corp. paid for MySpace.

  • Google in talks to buy Web video site YouTube [Reuters]
  • MEDIABISTRO EVENTS

    Get Social Media Marketing Secrets from Experts

    Create a social media strategy, launch your campaign, and track the results in our Social Media Marketing Boot Camp starting February 16. The online event and workshop will feature speakers including The Onion‘s Baratunde Thurston (left), Facebook’s Morin Oluwole, and bitly’s Tim Devane. Register now.